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OpenAI fires back at Musk, and Monzo raises a megaround | TechCrunch

Mar 06, 2024 - techcrunch.com
This article is a summary of the latest episode of Equity, a podcast that discusses startup and venture capital news. The episode covers a range of topics including OpenAI's response to a lawsuit from Elon Musk, Monzo's latest funding round indicating a recovery in fintech, and the launch of Ema's AI for enterprise. Other topics include Accenture's acquisition of Udacity, potential regulatory changes boosting demand for carbon-tracking startups, and OpenView returning most of its latest fund to backers.

The podcast also provides transcripts and additional content on Equity’s Simplecast website. It airs every Monday, Wednesday, and Friday at 7 a.m. PT and is available on various platforms including Apple Podcasts, Overcast, and Spotify. TechCrunch also offers other shows on topics like crypto and founder interviews.

Key takeaways:

  • OpenAI is defending itself against a lawsuit from Elon Musk, arguing that Musk wanted to run the company's for-profit arm.
  • Monzo has raised a significant funding round, indicating a potential recovery in the fintech sector.
  • Accenture has purchased Udacity, providing liquidity to the venture-backed startup.
  • OpenView is reportedly returning most of its latest fund to backers, marking a disappointing end for the firm.
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